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Parker Hannifin raises quarterly dividend to $2.00

Industrial group declares its 305th consecutive quarterly payout, extending a 70-year streak of annual dividend increases.

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Priya Anand · Equities & Earnings Desk · 21 Aug 2026 · 07:53 · 1 min read
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Parker Hannifin raises quarterly dividend to $2.00

Parker Hannifin Corporation (NYSE: PH) announced a quarterly cash dividend of $2.00 per common share, payable on September 11, 2026, to shareholders of record as of August 31, 2026.

The Cleveland-based motion and control technologies provider has maintained a continuous dividend since 1940, marking its 305th consecutive quarterly payout. The company has also raised its annual dividends per share for 70 straight fiscal years, placing it among the top five longest dividend-increase streaks in the S&P 500 Index.

The latest dividend declaration underscores Parker Hannifin’s long-standing capital return strategy, aligning with its position as a Fortune 250 industrial group with a global footprint in motion and control technologies.

This article was produced with AI assistance and edited by a Finance Review Daily journalist.
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Written by
Priya Anand
Equities & Earnings Desk

Priya covers listed equities and corporate earnings, reading quarterly results and guidance for what they signal about sector health and forward valuations.

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